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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose
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To: DARPA who wrote (1907)10/27/1998 11:45:00 AM
From: Guy.  Read Replies (3) of 4650
 
What the hell is going on with ADOT stock?
And i thought that increasing the stack in Biomoda
would do ADOT some good.
I have several issues to raise/questions to answer:

1.R>G> your ADOT page looks better than ADOT's site.
It's a shame that ADOT has such a miserable site.

2.DARPA.Sorry but i can't answer your questions about the
manufacturer.This is a restricted info at the moment.

3.You are all talking about Dilution of ADOT stock.
If it is true,then it is very bad,and i don't mean for us
shareholders,but for Les.
If he released a PR that says ADOT is doing a BuyBack,then
it means they have spare money,and now all of the sudden
they need to RAISE money???
If it is true then it is very serious offense in us shareholders.
I hope that Les is smart enough not to do these things.

4.As to the dilution of Biomoda stock.
To those of you who needs an explanation:
ADOT had before this PR 767000 shares.
ADOT also had 248000 options.
That means ADOT would own approx 1,016,000 shares of Biomoda.
I hope that you all know Biomoda will need some cash.
Before an IPO is done,Biomoda will have something like
8-11mm shares outstanding.It means that ADOT will own
between 12.5%-9% of Biomoda BEFORE AN IPO IS DONE.
Guy
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